On August 18, 2016, various non-government organizations for human rights defense, gathered for a press conference, accused the mining firm AngloGold Ashanti Goldfields Guinea (SAG in French) of land expropriation from the Siguiri prefecture, Upper Guinea. This was reported by news website Guinee58.com.
The NGOs which include Same Right for All (Mêmes Droits pour Tous, MDT) blame the local subsidiary of the miner of expropriating 377 families from the Kintinian community. Denouncing what they consider a “violation of international laws and conventions for the resettlement of expropriated populations”, they accuse SAG of not resettling the concerned populations as imposed by legal dispositions. Indeed, though it established 77 towns to this end, the firm did not settle those affected by its permits, thus letting them in a situation of land insecurity.
Set on making SAG bow, the NGOs intend on turning to international jurisdictions to solve the issue if not done quickly. AngloGold however announced that it plans to pay compensation and resettle residing populations on part of its permit named Area One.
Souha Touré
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Palm oil futures in Malaysia surged 9%, their biggest one-day gain in three years. The spike follows rising oil prices after escalating tensions in the...
FCMB Group has raised capital to meet the Central Bank of Nigeria’s new requirements. The recapitalization combined a public share offer and a partial...
IFC plans a guarantee facility of up to $50 million for Nairobi-based reinsurer ZEP-RE. The mechanism aims to strengthen the company’s credit...
Côte d’Ivoire has signed an agreement with the National Investment Bank to support diaspora-led projects. The deal includes tailored banking products,...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...